TymeBank secures R1.5 billion investment

  • 📰 mybroadband
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 67%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Tyme’s existing and two new shareholders have invested $77.8 million in the digital banking group.

Digital banking group Tyme has secured two new international investors as part of its pre-series C capital raise launched in January this year.

The funds being raised are intended to further operations in South Africa and the Philippines, for future expansion in Southeast Asia, and a partial share buyback. “We invested in Tyme Group thanks to our long-standing partnership with Apis Partners who look to build on their mission to generate attractive commercial returns alongside key priorities of reduced inequalities and greater financial inclusion,” stated BlueEarth’s funds and co-investments principal David Moore.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 11. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

'Unaware of funding agreement' - Herman Mashaba's biography pulled from market | The CitizenJonathan Ball Publishers, the publisher of ActionSA leader HermanMashaba’s “unauthorised” biography, has pulled the book from the market. 📘📗📘 TheCitizenNews Here's why ⬇️
La source: TheCitizen_News - 🏆 6. / 75 Lire la suite »